United Kingdom
LDC sells Eve Trakway to Ashtead
LDC has sold temporary traffic systems and management supplier Eve Trakway to rental equipment provider Ashtead Group plc for ТЃ28m, a 2.5x multiple on the firmтs original investment.
KCP promotes Thomas to investment director
Key Capital Partners (KCP) has promoted Richard Thomas to investment director at its Birmingham office.
Oakley Capital sells Headland for £15.5m
Oakley Capital Investments has sold news services provider Headland Media Ltd to KVH Industries in a deal that gives the firm an enterprise value of ТЃ15.5m.
Key Capital's Templine acquires A&A Recruitment
Templine Employment Agency Ltd, a recruitment company backed by Key Capital Partners (KCP), has acquired UK-based A&A Recruitment Ltd.
Mercia backs Ventive in series-A round
Birmingham-based venture capital firm Mercia Fund Management has backed low-carbon ventilation product developer Ventive in a ТЃ900,000 series-A funding round.
PEF, Impetus Trust announce new board ahead of merger
Private equity charities Private Equity Foundation and Impetus Trust are banding together to create a 14-strong board.
F&C holds €90m first close for fund-of-funds
F&C has held a тЌ90m first close for F&C European Capital Partners II, a European mid-market fund-of-funds.
Balderton on the road for fifth fund
Venture firm Balderton Capital has started marketing its new vehicle, according to documents filed with the US's Securities and Exchange Commission (SEC).
Calculus invests £1.1m in Benito's Hat chain
Calculus Capital has invested ТЃ1.1m, alongside a further ТЃ300,000 from existing investors, in London-based Mexican food chain Benitoтs Hat.
FTBPro raises $5.8m from VC duo
Battery Ventures and Gemini Israel Ventures have provided $5.8m to FTBPro, a fan-generated football content platform based in London.
Octopus leads £2m TrialReach round
Octopus Investments and Amadeus Capital Partners have provided UK-based clinical trials search business TrialReach with a ТЃ2m round of funding.
Endless promotes five
UK-based turnaround firm Endless has promoted team members Indra Valeinis (pictured), Simon Mason, Kerry Swain, Michael Rice and Edward Ransome.
3i sells Civica to Omers Private Equity
3i has sold specialist IT systems and services firm Civica to Omers Private Equity for an enterprise value of ТЃ390m.
CVC hires Brandon Bradkin as partner
CVC Credit Partners has appointed Brandon Bradkin as a partner in the firm's UK office.
CCMP acquires Pure Gym
CCMP Capital Advisers has backed Pure Gym's management in a secondary buyout of the UK-based company, which previously received funding from Magenta Partners.
Foresight backs Procam MBO
Foresight Group has backed the MBO of Procam TV, a UK broadcast hire company.
Isis backs MBO of Red Box
Isis Equity Partners has invested ТЃ14m in digital recording specialist Red Box Recorders as part of a management buyout.
NBGI appoints Young as senior adviser
NBGI Private Equity has appointed former Allied Healthcare CEO Sandy Young as a senior adviser.
Sovereign wealth funds to shape the future of PE
Sovereign wealth funds will be a major LP group in 20 years’ time, according to a panel at the Guernsey Funds Forum 2013. Amy King reports
Elysian Capital buys Axis Well Technology
Elysian Capital has backed the management buyout of Aberdeen-based oil and gas consultancy Axis Well Technology.
Addleshaw Goddard appoints new PE head
Law firm Addleshaw Goddard has promoted Yunus Seedat to national head of private equity in the UK.
UK & Ireland unquote" May 2013
The UK & Irelandтs first quarter activity levels are at their lowest level for the past five years, according to the latest research from unquoteт data.
Calculus Capital and SAEV invest in Antech
Calculus Capital and Saudi Aramco Energy Ventures (SAEV) have backed UK-based Antech, a developer of directional coiled tubing drilling products and services.
Duke Street hunts for new backers ahead of fresh fundraising
Duke Street Capital is looking for new backers to replace existing investors in its funds ahead of a fresh fundraising attempt, according to reports.